OSLO, April 28 Oil tanker firm Frontline
said on Friday the high court in the Marshall Islands
has agreed to hear on May 17 its complaint against takeover
target DHT, which is incorporated in the remote Pacific
republic, over a rival deal with BW Offshore.
Frontline, controlled by Norwegian billionaire Fredriksen
and owner of a 14.5 percent stake in DHT, has over the past year
tried to acquire all of DHT's shares and is opposing what it
called "unfair transaction documents" in a defensive deal struck
by DHT to give BW Group a 45 percent stake in DHT.
No one at DHT was immediately available to comment.
(Reporting by Nerijus Adomaitis; Editing by Greg Mahlich)